B. Riley Wealth Advisors, Inc.

RIASEC Registered

Total AUM

$4.2B

Discretionary

$2.8B

66% of AUM

Avg account

$398K

Accounts

10,573

Employees

268

Advisory reps

173

Firm details

Headquarters: Memphis, Tennessee
CRD number: 115927
Registered since: November 3, 2005
Website: www.brileywealth.com
Custodians: NATIONAL FINANCIAL SERVICES LLC, WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC, FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: Individuals50.67%
HNWI44.76%
Corporations / Businesses2.14%
Pension & Profit Sharing Plans2.03%
Charitable Organizations0.42%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

B. Riley Wealth Advisors, Inc. is an independent, SEC-registered advisory firm (registered in 2005) organized as a corporation and owned by a mix of domestic entity and individual interests. The firm serves both individual/family and institutional clients and presents itself as a capital allocator, combining direct portfolio management with selection of outside managers. Fee arrangements include percentage-of-AUM, hourly, and fixed-fee engagements. Core advisory services reported on the ADV cover financial planning, portfolio management for individuals, small businesses and institutions, pension consulting, selection of other advisers, and educational seminars/workshops. The firm maintains business ties across the financial ecosystem (broker-dealer, insurance company, accounting relationships) and acts as sponsor/GP or managing member for pooled investment vehicles. B. Riley Wealth Advisors does not characterize itself as an active ESG investor.